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Essay about characteristics of effective leaders
The characteristic of good leader
Essay about characteristics of effective leaders
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In 1865, Cornelius Vanderbilt received a loan of one hundred dollars. With this money, he built a ferry boat, and continued to build more. Vanderbilt was an extremely tough man. He often beat other men, fighting for whatever he wanted. People say his toughness created the business character that he later turned into.
Cornelius Vanderbilt saw the trouble coming. By 1873, the 79-year-old "Commodore," as he was called, was no stranger to risk: calculated bets with steamboat and railroad companies had made him by far the richest man in America. But he was wary of overexpansion by the railroads in the West, skeptical of economic weakness abroad and loose credit at home, and disdainful of the new "gang of stock speculators in Wall Street"—which included some of his own clan. When big banks began to fall on Sept. 18, 1873, he immediately understood what was wrong. "There are a great many worthless railroads started in this country without any means to carry them through," he told a reporter that evening.
Name of Industrialist: Henry Ford How did he acquire his wealth? He acquire his wealth by being a self-made man, that revolutionize the car industry in the 90’s. How he (or his related industries) treated workers? Ford manage to lowered the cost of manufacturing, while providing a wage correspondent to more than double of the previous average.
Cornelius Vanderbilt, also famously known as ‘Commodore Vanderbilt’ was one of the richest men in America. He was born on May 27, 1794 on Staten Island, New York. He was brought up in a poor family including a tragic death in his family. At age eleven he dropped out of school and started working on boats which, brought about an interest in the shipping industry. Then at age sixteen he bought his very first ferry with a one hundred dollar loan.
Cornelius Vanderbilt was born on May 27, 1794, on Staten Island, New York. Son of Cornelius and Phebe Hand Vanderbilt. His father instilled in him a blunt, straightforward demeanor, and his mother, frugality and hard work. At age 11, young Cornelius quit school to work with his father, ferrying cargo and passengers between Staten Island and Manhattan. Legend has it that at age 16, Vanderbilt ran a two-mast sailing vessel, known as a periauger; the enterprise came with the understanding that he would have to share profits with his parents, who had supplied a loan.
Vanderbilt, and Rockefeller for that matter, are often treated poorly by many people or uneducated historians. As they are affectionately called "robber barons" (a term given to them by their competition), these entrepreneurs are often viewed as the greatest thieves of society, despite the fact that there was no consensual taking involved in their success. These "monopolists" of the 19th century oversaw the creation of the platform which lead to the rise of America as an economic superpower in World War I and World War II. The American industrial revolution, and these monopolists involvement are essential to America's success. America, like some Western European nations like Great Britain, Prussia and France, oversaw the expansion of efficient travel, manufacturing, and the increased quality of life for many of the working poor.
He used his boat to ferry passengers and goods between Staten Island and Manhattan… Selling his ferry business, Vanderbilt went to work for Thomas Gibbons in 1817, running a steam ship line between New York and New Jersey. Over 12 years, Vanderbilt became an expert in the operation and design of steam ships. He 1829, he resigned to launch his own business… He sold his interest in steamers and turned to Wall Street, the financial heart of the nation in New York. In a short period of time, he quietly bought up a number of railroads to form the New York Central and Hudson River line, one of the largest businesses America had ever seen.
Cornelius Vanderbilt was born on May 27, 1794 in Staten Island, New York; into a modest family, his father was a ferry man and a farmer. From a very early age he had wanted to become wealthy, and was very controlling. "Never be a minion, always be an owner. " Vanderbilt used many strategies to dive the competition to ultimately their fall of the businesses.
If you were the richest person in the world what would you accomplish with all the money you had? Andrew Carnegie, an American Captain of Industry By far off the greatest profitable businessman during his age, Carnegie left his mark on industry, and ordinarily greatly impacted the expansion of business enterprise in America. Essentially, Carnegie rose from poverty to become one of the most influential, industrial men in history by single-handedly building the American steel industry. Andrew Carnegie was famously known for being a hero because he would provide plenty to the poor.
Andrew Carnegie Once, there was a man to have the largest personal fortune in the world. He helped improve mankind by donating millions of his fortune to charity. This mastermind was named Andrew Carnegie, an industrial monopolizer who used steel to gain his massive fortune. Andrew Carnegie was born November 25, 1835 in Dunfermline, Scotland.
Industrialist had a huge impact on the gilded age. The gilded age was a rapid expansion of industrialism and a massive jump in the population of immigrants in america. The industrialist during the gilded age such as Andrew Carnegie, John D. Rockefeller, and Vanderbilt had a big impact because of their businesses. Vanderbilt was the first of the three to be a leader of industry. Vanderbilt made millions using the railroad system and built an empire with them.
Andrew Carnegie was one of the most famous and wealthiest American industrialist during the Industrial Age. He was a robber baron who made a fortune in the steel industry and applied vertical integration to his business. Carnegie contradicted his views as a robber baron because he supported, but destroyed many unions. This made many of his views unethical.
Andrew Carnegie was born in Scotland in 1835 and immigrated with his family to Allegheny, Pennsylvania, when he was thirteen years old. Carnegie began to work right away and eventually built connections with the local telegraph company in Pittsburgh. This, along with his self-taught knowledge of telegraphy earned him a job as an assistant at the Pennsylvania Railroad. With the help of his boss, Thomas A. Scott, Carnegie was able to learn how to invest money successfully and then reinvest his profits. His investments were so successful that he was able to move into the iron and iron products industry, manufacturing components for bridges and railroad tracks.
Was Cornelius Vanderbilt a Robber Baron or Captain of Industry? A cruel businessman or an industrious leader? Henry J. Raymond believed that Vanderbilt was “a monopolist that crushed other competitors”(T.J Stiles). While he is also deemed one of America’s leading businessmen, and is also credited for helping shape the United States. His fortunes were made unfairly in some cases but his million dollar contribution to the Navy was very generous.
This wealthy businesses contributed to the increase in goods, new jobs, and donating to the need. When Carnegie donated to the need, he
